At RealWealth we come across a lot of investors who don’t think much about doing a 1031 exchange until after they’ve sold their property and are in the 45 day crunch time window. While we can definitely still help people in this situation find quality replacement properties and boost their cash flow, it’s generally better to decide to do an exchange ahead of time. This can allow for proper planning and strategy. Below we will outline the typical 1031 exchange timeline that real estate investors should follow if they want to avoid paying capital gains tax.
If you sell a rental property you must pay taxes on the capital gains. On this page you’ll learn about one of the most powerful tax-saving strategies available for real estate investors: the 1031 exchange.
In this article, you’ll learn how to do a 1031 exchange with real estate in the year 2021 including the most important rules to follow as a real estate investor. Note: To improve the experience of this page, we’ve broken out this article into a series of shorter articles that we hope will be much easier to digest than our original “ultimate guide.”
For this article I spoke with RealWealth Investment Counselor, Joe Torre, who frequently helps our members find 1031 exchange replacement properties. Many of the members he helps have a goal to increase cash flow by doing a 1031 exchange, so I thought this would make a quality article. I hope it helps you understand how to find quality replacement properties that can help you boost cash flow. Enjoy!
In this article, learn about the role of a Qualified Intermediary for a 1031 exchange. Topics also include: when and why a Qualified Intermediary is required, the responsibilities of a QI, exchange costs and QI fees, and how to find a great Qualified Intermediary.
Summary: In this article, learn about the reverse 1031 exchange process and timeline. Topics also include benefits of a reverse exchange, two common types, rules
Summary: In this article, you will learn how to calculate capital gains tax on real estate investment property. Topics also include, what are capital gains